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Archive: June, 2023

Posts in June, 2023

CCI Lacks Jurisdiction Over ICAI’s CPE Activities: Delhi HC

June 4, 2023 4287 Views 0 comment Print

Delhi High Court held that CCI does not have jurisdiction over Continuing Professional Education (CPE) activities of ICAI

Have you filed Equalization Levy annual return yet?

June 4, 2023 21024 Views 0 comment Print

Find out everything you need to know about Equalization Levy, including the specified services and e-commerce supplies subject to the levy. Learn about the due dates for payment and the repercussions for non-compliance. Discover the process for filing the annual return in Form 1, penalties for late filing, and the possibility of revising the statement.

HC set-aside Cryptic, unreasoned & unpalatable GST Registration cancellation Order & SCN 

June 4, 2023 1110 Views 0 comment Print

HC set aside cryptic, unreasoned, and unpalatable GST registration cancellation order and show cause notice and restored registration of certificate and directed GST authorities to permit petitioner to file GST returns.

Compulsory convertible debentures not equity – Interest allowable

June 4, 2023 6529 Views 0 comment Print

Till date of conversion, interest paid on CCDs cannot be treated as interest on equity & interest is allowable as expenditure u/s. 36(1)(iii)

Parents Need not be Senior Citizens to Claim Maintenance

June 4, 2023 3588 Views 0 comment Print

Discover the truth about claiming maintenance under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007. Contrary to misconceptions, parents don’t need to be senior citizens to avail benefits. Explore key definitions from the Act and a significant court judgment highlighting the entitlement of parents, whether senior citizens or not. Uncover the legislative nuances and the pressing need for amendments to enhance the effectiveness of the Maintenance Act.

Information System Audit – Assessment Test Exam Schedule

June 4, 2023 13764 Views 0 comment Print

Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment Test (Old as well as New Syllabus) which is open to the members of the Institute will be held on 24th December 2022 (Saturday) from 9 AM to 1 PM (IST) at the following cities provided that sufficient number of candidates offers themselves to appear there from.

Zoho CRM: Simplifying Customer Relationship Management for Everyone

June 3, 2023 5307 Views 0 comment Print

In the modern business landscape, maintaining strong relationships with customers is essential for success. This is where Customer Relationship Management (CRM) software plays a crucial role.

Understanding how an M&A Process works

June 3, 2023 2118 Views 0 comment Print

Unlock the secrets of a successful M&A deal! From finding capable advisors to navigating the emotional roller coaster, grasp the keys to M&A triumph. Explore crucial steps like compiling target lists, contacting targets, and conducting due diligence. Learn how to write a purchase agreement, close the deal, and handle post-closing adjustments. Delve into the art of integrating acquisitions by managing product mix, optimizing operations, and making personnel decisions.

Equalisation Levy: Provisions, Applicability & Implications for Non-Residents & E-commerce Operators

June 3, 2023 7887 Views 1 comment Print

Explore Equalisation Levy in India: provisions, applicability, rates, and examples. Understand the distinctions between specified services and supplies by E-commerce operators. Discover implications for non-resident service providers and E-commerce operators. Learn about payment procedures, non-applicability scenarios, and related provisions, including consequences of failure to deduct or delay payment.

Whether dues to landowners under Collaboration Agreements can be treated as ‘Operational Debt’ under IBC?

June 3, 2023 2940 Views 0 comment Print

Explore the NCLT Delhi judgment in Ajit Kaur Gill vs. Raheja Developers case, a detailed analysis of the operational debt dispute, and why the claim was dismissed.

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